Nordstrom (BSP:J1WN34) Average Sales per Sqft : 0.00 (As of . 20)

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What is Nordstrom Average Sales per Sqft?

Average Sales per Sqft is a retail store’s average revenue for every foot of the store. A higher average sales per square foot indicates more efficient operations and thus, high profitability.

The historical rank and industry rank for Nordstrom's Average Sales per Sqft or its related term are showing as below:

BSP:J1WN34's Average Sales per Sqft is not ranked ^*
in the Retail - Cyclical industry.
Industry Median:
* Ranked among companies with meaningful Average Sales per Sqft only.

Nordstrom Average Sales per Sqft Historical Data

The historical data trend for Nordstrom's Average Sales per Sqft can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nordstrom Average Sales per Sqft Chart

Nordstrom (BSP:J1WN34) Average Sales per Sqft Explanation

Average Sales per Sqft is a retail store’s average revenue for every foot of store space, including non-selling areas such as stock rooms or receiving areas. It tells us how efficient the retailer is with the use of sales space, allowing the retailer to make smarter merchandising, inventory, and sales decisions. A higher sales per square foot indicates more efficient operations and thus high profitability.

The formula of calculating Sales per Sqft is total in-store sales divided by selling area in square feet. When calculating a store’s Sales per Square Foot, the non-selling areas of the store, such as stock rooms or receiving areas, need to be excluded.

The difference between Average Sales per Sqft and Sales per Sqft that in the calculation of Average Sales per Square Foot, the non-selling areas of the store, such as stock rooms or receiving areas, need to be included.

Retailers can increase the average sales per square foot by improving the store layout, having a winning product assortment, optimizing prices and increasing per transaction value.

Nordstrom Average Sales per Sqft Related Terms

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Nordstrom (BSP:J1WN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nordstrom Inc (BSP:J1WN34) » Definitions » Average Sales per Sqft

Comparable Companies

Traded in Other Exchanges

JWN:USA JWN:Mexico NRD:Germany NRD:Germany

Address

1617 Sixth Avenue, Seattle, WA, USA, 98101

Website

https://www.Nordstrom.com

Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.

Nordstrom (BSP:J1WN34) Headlines

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